Questions

Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Q:

Which would most likely increase aggregate supply?

A) A decrease in net exports B) A decrease in business subsidies
C) An increase in productivity D) An increase in the prices of imported products
 
Answer & Explanation Answer: D) An increase in the prices of imported products

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Q:

Which process is not associated with mechanical weathering?

A) reactions with oxygen B) frost wedging
C) biological oxygen activity D) unloading
 
Answer & Explanation Answer: A) reactions with oxygen

Explanation:

The process that occurs when physical forces break rock into smaller pieces without changing the rock's chemical composition is called mechanical weathering.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Everybody knows(1)/ that Bhutan is the most peaceful(2)/ of all other countries of the world.(3)/ No Error(4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

It is a delight _______________ the illuminating thoughts which came to the minds of these men; and, on the other hand, it is amusing to see how ________________ they launched ________________ on boundless seas when they were unprovided with chart and compass. They were _________ brilliant children, who know little of the dangers of the great world, but are ready to undertake anything. These philosophers regarded all knowledge as their province, and did __________ despair of governing so great a realm.

 

it is amusing to see how ________________ they launched

 

A) reckless B) recklessness
C) recklessly D) reckful
 
Answer & Explanation Answer: C) recklessly

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

“Our focus is to develop and nurture a democratic (1)/ and accommodative space/platform wherever we go, (2)/ so that all kind of arts can flourish. (3)/ No error (4)

 

A) 1 B) 2
C) 3   D) 4
 
Answer & Explanation Answer: C) 3  

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